California's deficit is projected to reach nearly $18 billion next year, as spending is expected to offset, if not eclipse, strong tax revenues.

Connecticut Voices for Children projects the impending financial hit at nearly $1 billion, more than double the $500 million ...

Lacklustre margins” are expected in 2026 for property and casualty (P&C) reinsurers, mainly driven by price cuts during this ...

In 2019, first-year Gov. Gavin Newsom inherited a state flush with cash. With a $21.4 billion budget surplus to play with, an ...

Discover why stocks like LTIMindtree, L&T, Coal India, and Vedanta are trending today—check the latest market updates and ...

As New Orleans looks to shave costs, the Louisiana Legislative Auditor is probing whether to curb the city's 2,800-vehicle fleet, including take-home vehicles.

The House of Representatives passed legislation Thursday to extend expired health care subsidies for those enrolled through ...

Social Security and Medicare trust funds, which help pay benefits, are projected to run dry. What will happen then?

Will California Gov. Gavin Newsom raise taxes or cut spending to fix an $18 billion budget shortfall? Either could spell trouble for his legacy.

The budget hole calls for sustainable revenue increases or serious spending cuts, the Legislature’s analysts say. But either would be unpopular with top Democrats.

British Pound US Dollar, S&P 500, Citigroup Inc, Bank of America Corp. Read 's Market Analysis on Investing.com ...